While speculation as to where LeBron James will land next is at an all-time high as he makes a decision on the final year of his contract, Cavaliers general manager Koby Altman says they have had "good dialogue" with James.

"We continue to have good dialogue with his management team," Altman said Thursday at the NBA Draft, via ESPN. "I think LeBron has more than earned the right to approach his contracts the way he does. He's done that before, so this is nothing new for us."

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James has until midnight on June 29 to inform the Cavaliers of his decision to either stay in Cleveland or opt out of the final year of his contract and become a free agent.

"We want to respect his space during this process, and I continue to have really good dialogue with his management team as he goes through that process," Altman added. "That's probably all I can say at this point regarding him, but we don't take him for granted. We love him, this city loves him. He means the world to us and this franchise."

James, 33, is getting ready to enter his 16th season in the NBA. He played for the Cavaliers 11 of those seasons, with a four year break where he went to the Heat from 2010-14.

As James enters the final week before his decision, he did say earlier this month after the NBA Finals that his family will be a big part of where he ends up next.